242/53 Orsmond StreetHindmarsh SA 5007
Property Details for 242/53 Orsmond St, Hindmarsh
Last Listing description (December 2016)
This one ticks all the right boxes - long term lease covenants, quality fitted out improvements, future development upside, excellent tightly held inner metro location, and on a prominent site with 2 street frontages.
The excellent location, strong income stream, appealing improvements, flexible zoning and future redevelopment opportunities all add up to an extremely attractive investment proposition.
Features Include:
> 2 titles, 2 tenants, 2 street frontages
> Secure lease covenants on 5 year terms
> Strong Income with growth potential
> Must see customised fit out
> Site area 2,249m2*
> Building Area 1,345m2*
> Zoned District Centre
> Just 4km's from the CBD
To be sold as a whole.
This calibre of property is generally extremely tightly held and very difficult to find, opportunities like these do not come along too often.
Offered for sale by Public Auction at the property Wednesday 3rd August 2016 at 11.00am
David Buenfeld: 0416 045 675
Lyndon Cocks: 0438 849 650
RLA: 231 015
Property History for 242/53 Orsmond St, Hindmarsh, SA 5007
- 11 Jul 2016Listed for Sale Not Disclosed
Recent sales nearby
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About Hindmarsh 5007
The size of Hindmarsh is approximately 0.9 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Hindmarsh in 2016 was 231 people. By 2021 the population was 232 showing a population growth of 0.4% in the area during that time. The predominant age group in Hindmarsh is 20-29 years. Households in Hindmarsh are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hindmarsh work in a professional occupation.In 2021, 33.70% of the homes in Hindmarsh were owner-occupied compared with 40.80% in 2016.
Hindmarsh has 574 properties. Over the last 5 years, Houses in Hindmarsh have seen a 94.78% increase in median value, while Units have seen a 73.64% increase. As at 30 November 2025:
- The median value for Houses in Hindmarsh is $1,049,868 while the median value for Units is $754,994.
- Houses have a median rent of $390 while Units have a median rent of $470.
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